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Woodbury, TN

The Best Mortgage Lenders in Woodbury, TN

Compare verified mortgage lenders serving Woodbury, Tennessee. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.7
Avg Rating
1030+
Reviews
9
Loan Types

Available Loan Programs in Woodbury

Conventional
FHA
VA
USDA
Jumbo
Refinance
First-Time Homebuyer Programs
ARM
Reverse Mortgages

Featured Mortgage Lenders

1

Fairway Independent Mortgage Corporation

Fairway Independent Mortgage Corporation

★★★★☆
4.8/5

Fairway Independent Mortgage Corporation is a top-rated lender with a strong presence in Middle Tennessee, serving Woodbury and surrounding areas. Known for exceptional customer service and competitive rates, they have built a reputation for reliability and transparency. With nearly three decades of experience, they offer a wide range of loan products and prioritize personalized service, making them a trusted choice for homebuyers in the region. Their high ratings reflect consistent customer satisfaction and efficient loan processing.

Experience:28 years
Reviews:350 customer reviews
5500 Maryland Way, Suite 110, Brentwood, TN 37027

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

Movement Mortgage

Movement Mortgage

★★★★☆
4.7/5

Movement Mortgage is a highly regarded lender with a significant footprint in Tennessee, including service to Woodbury. They emphasize a streamlined digital process combined with local expertise, ensuring fast closings and competitive rates. Founded in 2008, they have grown rapidly due to their focus on community engagement and customer-centric approach. With strong reviews highlighting their responsiveness and support, they are a popular choice for both new and experienced homebuyers in the area.

Experience:16 years
Reviews:280 customer reviews
110 Westwood Place, Suite 300, Brentwood, TN 37027

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceFirst-Time Homebuyer Programs
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3

New American Funding

New American Funding

★★★★☆
4.6/5

New American Funding is a nationally recognized lender with a strong local presence in Tennessee, actively serving Woodbury and the broader Middle Tennessee region. They are praised for their diverse loan options and efforts to support underserved communities, including flexible credit guidelines. With over two decades of experience, they combine technological innovation with personalized service, resulting in high customer satisfaction ratings. Their commitment to competitive pricing and educational resources makes them a reliable partner for mortgage needs.

Experience:21 years
Reviews:400 customer reviews
414 Union Street, Suite 900, Nashville, TN 37219

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceARMReverse Mortgages
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Frequently Asked Questions

Common questions about mortgage lending in Woodbury, TN

Are there any special mortgage programs for first-time homebuyers in Woodbury, TN?

Yes, the Tennessee Housing Development Agency (THDA) offers the Great Choice Home Loan program, which is widely used in Woodbury. This program provides competitive interest rates, down payment assistance, and flexible credit guidelines, making it an excellent option for first-time buyers in Cannon County. Many local lenders in the Murfreesboro and Woodbury area are approved THDA lenders and can guide you through the application.

How does Woodbury's rural location affect mortgage lending and property appraisal?

Woodbury's rural setting in Cannon County means appraisals can be more challenging due to fewer comparable home sales ("comps") than in metropolitan areas. Lenders may require appraisers with specific knowledge of the local market, and the process can take slightly longer. Properties with significant acreage or unique features may require specialized appraisal methods, which can influence the final loan amount.

What are typical down payment requirements for homes in Woodbury, TN?

While conventional loans often require 5-20% down, many buyers in Woodbury utilize USDA Rural Development loans, which require **0% down payment** for eligible properties and borrowers in designated rural areas, which include most of Cannon County. FHA loans with 3.5% down are also common, especially for buyers who may not qualify for USDA income limits or are purchasing a home within the town limits.

Are property taxes in Woodbury, TN typically escrowed into the mortgage payment?

Yes, most lenders in Tennessee will require an escrow account for property taxes and homeowner's insurance as part of your monthly mortgage payment. Cannon County property taxes are relatively low compared to national averages, which helps keep overall monthly payments affordable. Your lender will calculate the estimated annual taxes and divide them into 12 monthly payments.

What local factors in Woodbury should I consider when choosing between a fixed-rate and adjustable-rate mortgage (ARM)?

Given Woodbury's stable, small-town market with moderate home price appreciation, a fixed-rate mortgage is often the preferred choice for long-term residents planning to stay for many years. However, an ARM could be considered by buyers who plan to sell or refinance within the initial fixed period (e.g., 5 or 7 years), potentially to take advantage of a lower initial rate, especially if they are purchasing a starter home.

Mortgage Insights

Finding Your Guide: Why a Woodbury Independent Mortgage Broker is Your Best First Step

Searching for an "independent mortgage broker near me" in Woodbury isn't just about finding a loan—it’s about finding a local guide for one of life’s biggest financial journeys. In a charming town like ours, where the market can range from historic homes near the square to newer constructions on the outskirts, having a dedicated professional in your corner makes all the difference. An independent mortgage broker based right here in Cannon County operates differently than a big bank or direct lender. They don’t work for a single institution; instead, they work for you, shopping your application across their network of lenders to find the best fit for your unique situation.

For Woodbury homebuyers, this local expertise is invaluable. A broker who knows our market understands the appraisal nuances of a century-old farmhouse versus a property with acreage off Short Mountain Road. They can provide realistic pre-approval amounts that reflect true local values, helping you shop confidently and make strong offers. In a competitive scenario, their ability to quickly connect with underwriters and navigate the process efficiently can be the key to having your offer accepted.

Tennessee offers several regional programs that a knowledgeable independent broker can help you access. The great news for many Woodbury buyers is that our area often qualifies for USDA Rural Development loans, which offer zero-down-payment options. A local broker will know exactly which properties and neighborhoods are eligible. They’re also well-versed in the Tennessee Housing Development Agency (THDA) programs, like the Great Choice Home Loan, which provides competitive rates and down payment assistance for qualifying borrowers—a huge help for first-time homebuyers or those with modest savings.

Your actionable advice starts here. First, seek a broker with verifiable experience in the Middle Tennessee area. Ask them directly, “Can you share examples of recent loans you’ve closed in Cannon County?” Second, come prepared to discuss not just your finances, but your lifestyle. Are you looking for a manageable downtown property or a fixer-upper with land? A good broker will factor in property taxes, potential flood insurance, and even the cost of a septic inspection for rural parcels—all common Woodbury considerations. Finally, use your initial consultation to gauge their communication style. You want someone who explains the "why" behind every step, from why one loan product is better than another to why a certain documentation is needed.

Starting your homebuying search with a conversation with a Woodbury-independent mortgage broker puts you ahead. You’ll gain a clear financial picture, an advocate who understands our community’s landscape, and access to the best loan options available. It’s the smartest move to make before you even fall in love with that perfect porch swing or scenic view.

Nearby Cities

Explore mortgage lenders in cities near Woodbury, TN

Why Choose a Mortgage Lender in Woodbury?

Local Market Knowledge

Lenders who understand Woodbury's housing market can offer better guidance and competitive rates.

Multiple Loan Options

Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.

Proven Track Record

Work with lenders who have years of experience and hundreds of satisfied customers in Tennessee.

Ready to Find Your Perfect Mortgage Lender?

Connect with top-rated mortgage professionals in Woodbury and get competitive rates on your home loan.